New Markets Tax Credit Coalition

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Ronald McDonald House (Dayton)

Investment

  • NMTC Amount: $13,000,000
  • Total Project Cost: $29,000,000

IMPACT

  • 165 FTE jobs
  • 89 construction jobs
  • 38,000 sq. ft. of real estate

Investor

Project Description

New tax credits are expected to boost the new Ronald McDonald House Charities facility near Dayton Children’s Hospital, CityWide Development Corp. said Tuesday. CityWide announced $13 million in federal NMTCs for the new Valley Street facility, where construction has started. The new facility will be three stories tall, equipped with 42 guest rooms. Construction on the 38,000 sq. ft. building is expected to be complete late next year.

MAP

Address: 555 Valley Street, Dayton, OH 45404

Census Tract: 39113001802

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The NMTC supported a new vocational training center serving Darke County.
NMTC financing supported a multi-state, first of its kind Habitat for Humanity project spanning the country.